In the ever-evolving toolkit of statistical analysis techniques, Bayesian statistics has emerged as a popular and powerful methodology for making decisions from data in the applied sciences. Bayesian ...

Nate Silver, baseball statistician turned political analyst, gained a lot of attention during the 2012 United States elections when he successfully predicted the outcome of the presidential vote in ...

Lotteries are hard to win. The odds of hitting the Powerball jackpot are so tiny that, as a CNN commenter once put it, you have a better chance of becoming an astronaut, dating a supermodel, and ...